Plan Snapshot
- Plan Sponsor: Mersino Dewatering, LLC
- Sponsor EIN: 383267850
- Sponsor Address: 10162 E COLDWATER RD, DAVISON, MI, 48423
- Plan Type: 401(k)
- Total Participants: 510
- Total Assets: $16.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 510 | $16.6M | $744,202 | $2.4M |
| 2023 | 395 | $13.7M | $608,658 | $1.9M |
| 2022 | 347 | $10.1M | $404,568 | $1.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $56,982 | — | $56,982 |
| THE PATRIOT FINANCIAL GROUP | ADVISOR | $28,832 | — | $28,832 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,814
- Estimated Expense Ratio: 0.517% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $85,814 | $28,832 | — | — | — |
| 2023 | $64,998 | $16,146 | — | — | — |
| 2022 | $64,185 | — | — | — | — |